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  • BharatPe to raise $350 million for $2 billion valuation, on path for ‘unicorn’ status: Report Jul 29, 2021 10:12 AM IST

    BharatPe to raise $350 million for $2 billion valuation, on path for ‘unicorn’ status: Report

    The development comes ahead of BharatPe’s plans with Centrum Group to take over the Punjab and Maharashtra Co-operative Bank

  • IIT Hyderabad-incubated electric vehicle startup PURE EV offers new ‘warranty extension’ policy Jul 28, 2021 03:13 PM IST

    IIT Hyderabad-incubated electric vehicle startup PURE EV offers new ‘warranty extension’ policy

    The firm will covers key power-train components -- including battery, motor, and controller -- for all its current models under its ‘warranty extension’ policy.

  • Droom joins unicorn club with fresh capital; plans to go public by 2022 Jul 28, 2021 02:23 PM IST

    Droom joins unicorn club with fresh capital; plans to go public by 2022

    Ahead of its planned listing at Nasdaq or an Indian bourse, Droom is optimistic about growth in the under-penetrated online automobiles market as it expects consumers to rapidly shift to online purchases in the post-pandemic world.

  • Messaging startup Gupshup raises $240 million for share buy-back Jul 28, 2021 12:55 PM IST

    Messaging startup Gupshup raises $240 million for share buy-back

    Gupshup, a Silicon Valley messaging startup with a focus on India, on Wednesday said it raised $240 million from Tiger Global Management and others to buy back shares ahead of a possible IPO next year.

  • MyGlamm raises Rs 355 crore in funding from Accel, others Jul 27, 2021 09:54 AM IST

    MyGlamm raises Rs 355 crore in funding from Accel, others

    MyGlamm had started its series C funding in March this year with a Rs 175 crore investment from Ascent Capital, Amazon, and Wipro.

  • Zomato IPO | Food delivery giant has raised the bar for tech industry, fuelled dreams, says industry Jul 23, 2021 03:36 PM IST

    Zomato IPO | Food delivery giant has raised the bar for tech industry, fuelled dreams, says industry

    IPO-bound MobiKwik's founder Upasana Taku said it was a super exciting day as Zomato's listing paved the way for many more startups.

  • Moneycontrol Daily: Your Essential 7 Jul 21, 2021 07:19 AM IST

    Moneycontrol Daily: Your Essential 7

    A daily round up of the most interesting articles to help jump start the day.

  • YouTube to acquire Indian video e-commerce platform Simsim Jul 20, 2021 11:33 AM IST

    YouTube to acquire Indian video e-commerce platform Simsim

    The Simsim app serves as a platform to connect local businesses, influencers and customers.

  • Missed the Zomato IPO? Here are other ways to invest in startups Jul 20, 2021 09:11 AM IST

    Missed the Zomato IPO? Here are other ways to invest in startups

    Zomato IPO: Unlike most companies that hit the IPO market, Zomato is yet to make profits. But that did not matter for the investors and they gave a huge thumbs up to the offer.

  • Spinny raises $108 million in funding led by Tiger Global, Avenir Growth Jul 19, 2021 11:53 AM IST

    Spinny raises $108 million in funding led by Tiger Global, Avenir Growth

    The latest round of capital infusion in Spinny comes close on the heels of USD 65 million funds injected in the company in the Series C round in April this year.

  • Agritech startup Otipy raises $10.2 million from investors Jul 19, 2021 11:25 AM IST

    Agritech startup Otipy raises $10.2 million from investors

    Omidyar Network India, Innoven Capital and existing investors IPV (Inflection Point Ventures), Pravega, and FactorE also participated in the round, the company said in a statement.

  • Lenskart raises $220 million; valuation at $2.5 billion: Report Jul 19, 2021 10:21 AM IST

    Lenskart raises $220 million; valuation at $2.5 billion: Report

    Lenskart plans to use the capital and $95 million raised from KKR in May to make investments in its supply chain, new technologies and expand in Southeast Asia and the Middle East

  • Blackstone to acquire majority stake in top upskilling ed-tech firm Simplilearn Jul 19, 2021 07:02 AM IST

    Blackstone to acquire majority stake in top upskilling ed-tech firm Simplilearn

    Based in San Francisco and Bengaluru, Simplilearn is backed by Kalaari Capital, Helion Venture Partners and Mayfield Fund

  • Berkshire Hathaway, Ratan Tata among major investors looking to exit Paytm in record IPO Jul 16, 2021 03:36 PM IST

    Berkshire Hathaway, Ratan Tata among major investors looking to exit Paytm in record IPO

    Paytm IPO: While the prospectus didn't specify what portion of their holdings these major investors will sell, it said that founder Vijay Shekhar Sharma also plans to sell a part of his 14.6 percent stake

  • Swiggy goes the Peppo, DotPe way; pilots ‘order direct’ in Mumbai Jul 15, 2021 10:44 AM IST

    Swiggy goes the Peppo, DotPe way; pilots ‘order direct’ in Mumbai

    The crucial difference in the direct ordering channel is that it allows restaurants to directly engage with customers. Restaurants association says Swiggy has been in talks with restaurants for over a month and has been experimenting with sharing customer data and rationalising commissions.

  • Zomato IPO opens subscription on July 14: Early investors showed up on historic day Jul 14, 2021 03:53 PM IST

    Zomato IPO opens subscription on July 14: Early investors showed up on historic day

    The initial public offering of Zomato, one of the leading food service platforms in India, was subscribed 1.05 times on July 14, the first day of bidding, so far.

  • CCI okays SoftBank investment in Swiggy Jul 12, 2021 06:23 PM IST

    CCI okays SoftBank investment in Swiggy

    The investment from SoftBank will come on top of the $800 million series J round that Swiggy recently closed

  • Swiggy elevates top executive Phani Kishan as co-founder Jul 12, 2021 11:27 AM IST

    Swiggy elevates top executive Phani Kishan as co-founder

    The move to elevate a top executive to a founder's position is part of a growing trend among India's startups, to recognise core members of the team

  • Ola raises $500 million pre-IPO round from Temasek, Warburg Pincus Jul 09, 2021 12:29 PM IST

    Ola raises $500 million pre-IPO round from Temasek, Warburg Pincus

    Ola didn't disclose its valuation, which could be lower than before because it has been battered by the COVID-19 pandemic. It also didn't disclose by when it plans to go public.

  • Tiger Global leads $144 million funding round in DealShare Jul 08, 2021 01:01 PM IST

    Tiger Global leads $144 million funding round in DealShare

    With this, DealShare has raised a total funding of $183 mn to date, pegging its valuation at $455 million, post-money.

  • Shiprocket raises $41.3 million in Series-D1 funding led by PayPal Ventures and Bertelsmann Jul 08, 2021 09:35 AM IST

    Shiprocket raises $41.3 million in Series-D1 funding led by PayPal Ventures and Bertelsmann

    A part of the funds raised will be utilised towards new strategic initiatives, like global expansion starting with the Middle East.

  • Setting Sail | Here's why Wakefit transitioned from mattress brand to home solutions provider Jul 05, 2021 04:33 PM IST

    Setting Sail | Here's why Wakefit transitioned from mattress brand to home solutions provider

    In today’s episode of Setting Sail, Ankit Garg, co-founder and CEO of Wakefit talks to Priyanka Sahay as to how the startup scaled the ladder in the market and what's in store next. Keep listening

  • Licious raises $192 million from Temasek, other investors Jul 03, 2021 09:42 AM IST

    Licious raises $192 million from Temasek, other investors

    With this round of fundraising, some early-stage angel investors have exited, while Mayfield and Nichirei Corp have exited partially, officials said. They added that rhe fund raise involves both primary issuance and also secondary sale.

  • Hello World | Coming soon: Entrepreneurs with a solid Plan Z Jun 30, 2021 02:45 PM IST

    Hello World | Coming soon: Entrepreneurs with a solid Plan Z

    India’s entrepreneurial ecosystem is set to explode. Thanks to all the 'fuck you' money that will go into the system.

  • EdTech start-up Nalanda Learning Systems raises Rs 40 crore Jun 30, 2021 11:44 AM IST

    EdTech start-up Nalanda Learning Systems raises Rs 40 crore

    "We have raised Rs 40 crore from Aavishkaar Capital to fund our drive to expand nationally using digital content," said Tamal Mukherjee, the CEO of Nalanda Learning Systems.

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